Owner Financing is Available!
Business Overview:
This is a superb family run business grossing $80,000 to $90,000 inside sales at a margin of 35 percent (remember it has a deli). Gas sales are 60,000 gallons a month at a margin of 10 cents per gallon. lotto commission is about $2,000 a month, check cashing of $60,000 per month @ 1.2 percent commission. Total expenses including the rent are about $15,000 per month leaving a net profit of between $10,000 to $11,000 per month or yearly close to $125,000 owners benefit. Seller has a good lease and the real estate may be available to purchase when the economy and bank loans improve. No gas contract is in place and no gas deposits are on hand with a jobber. Should a buyer wish another major brand could be squired.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Established major brand gas station with a super food-convenience store that also contains a very well equipped deli. Modern looking station with five double pumps and located on a main road in a very safe area. Seller and his family will train and assist in the hand over to a new buyer for a two week period.
Market Competition and Expansion:
Competition: No other gas or convenience stores are near and are at least four miles in either direction and the road the station is situated on is between two towns. Surrounded by old established and newly built high end homes with the right demographics for this type of business.
Growth/Expansion: Very little can be done to improve this business as it is doing very well as it is.
Reason for Selling:
Health.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: